2163 W Brownwood Ave - Apartments FOR SALE


Anaheim, CA 92801
$1,490,000 USD
714-350-3728
2163 W Brownwood Ave, Anaheim, CA for Sale
$1,490,000 USD
Apartments - FOR SALE
1/14
null | 4.85% Cap Rate

2163 W Brownwood Ave
Anaheim, CA 92801


HIGHLIGHTS

  • Central location - close to employment centers and easy access to 5 freeway & 91 freeway
  • Strong rental income - Annual gross income $101,340
  • Upgraded apartments

OVERVIEW

Well maintained 4 unit building with 5 separate garages. Great opportunity for an investor. All 2 bedroom units (2 bedroom 2 bath apartment, two 2 bedroom 1.5 bath and one 2 bedroom 1.25 bath). Among the upgrades are new 400 amp electrical panel, new sewer line, fresh paint, new water heater. All units have spacious floorplans. Two apartments have been remodeled with quartz counters, new shaker style kitchen cabinets, luxury vinyl plank flooring, fresh paint & new carpet. On-site laundry room with leased coin-operated washer & dryer (WASH lease), enclosed one car garage and extra one garage is rented for $75/mo. additional parking on premises. The subject property is within two blocks of home depot, and other employers. The property is located close to schools, shopping and easy freeway access. This investment property has been well maintained. It is a solid investment both now and going forward. R.U.B.S. (Ratio Utility Billing System) being used to allocate utility costs to tenants.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

4

PRICE/UNIT

$372,500

CAP RATE

4.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

Multi Family Dwelling

APN/PARCEL ID

072-621-14

ASK ABOUT THIS PROPERTY

Jay CookFirst Team Real EstateMore Info
714-350-3728

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Jay CookFirst Team Real EstateMore Info
714-350-3728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.